2420 SW 16th St, Miami FL 33145, MIAMI, FL, 33145
Active98 days on marketListed May 7, 2026MLS #A12014506
About this home
2420 SW 16th St, Miami FL 33145
Spacious Family Home with Private Guest House Close to Coral Way Move-in ready 4BD/3BA home in one of Miami’s most desirable family-friendly neighborhoods. The main house offers 3 bedrooms, 2 bathrooms, a newly remodeled kitchen, fresh interior paint, bright living spaces, and abundant natural light. A rare highlight is the fully detached guest house, complete with its own bedroom, full bath, kitchen, and living/dining area, perfect for grandparents, adult children, guests, a caregiver, or a private home office. Enjoy an oversized fenced backyard featuring an 12x12 ft wood deck beneath a magnificent century-old oak tree that provides beautiful shade year-round. It’s the perfect setting for children to play, family gatherings, BBQs, outdoor dining, or relaxing under café lights and swings. Additional features include parking for 6+ vehicles, an exceptional convenience in central Miami. Ideally located just minutes from Coral Gables, Coconut Grove, Brickell, Downtown, Little Havana, Miami International Airport, I-95, SR-836, and US-1, with easy access to parks, shopping, restaurants, hospitals, farmers markets, and public transportation. A rare opportunity offering space, privacy, flexibility, and an unbeatable location for multigenerational living or anyone seeking room to grow.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
1,399
Sqft
1947
Year built
$4
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$196 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$196/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$4 vs $511
Days on market
98 vs 66 typical
Where $4/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Coral Way
Get to know Miami. See the full Miami guide →
Coral Way — neighborhood snapshot
Population
40,864
Median age
43
Median income
$83,194
Median home value
$548,495
Avg household
2
Households w/ children
4,292
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the MIAMI 33145 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 2420 SW 16th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$875,000
2434 SW 15th St, Miami FL 33145 · same community
3 bd · 2 ba · 1,335 sqft · $655/sqft · 52 DOM
Sold · May ’26$650,000
2258 SW 15th St, Miami FL 33145 · same community
3 bd · 3 ba · 1,517 sqft · $428/sqft · 31 DOM
Sold · Jul ’26$515,000
1820 SW 25th Ave, Miami FL 33145 · same community
3 bd · 2 ba · 960 sqft · $536/sqft · 97 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Frantreshia Miller
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 2420 SW 16th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 2420 SW 16th St — before you fall in love.
See it in person
Schedule a tour
Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
2420 SW 16th St FAQs
What would the monthly payment be for 2420 SW 16th St, Miami FL 33145?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $196/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Are pets allowed at 2420 SW 16th St, Miami FL 33145?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $5,000, this home is listed about 99% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 2420 SW 16th St, Miami FL 33145?+
Coral Gables Senior High School (high), Francis S.Tucker K-8 Center (elementary), Ponce De Leon Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Multivest Realty, Inc. · Kellyn Noronha. MLS #A12014506.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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